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NTG Clarity Networks Pursues C$6M Capital Raise
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NTG Clarity Networks Pursues C$6M Capital Raise

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NTG Clarity Networks (TSE:NCI) has released an update.

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NTG Clarity Networks Inc. is launching a private placement to raise up to C$6.0 million by selling units at C$1.40 each to fund its expansion and general corporate activities. The units, comprising of common shares and warrants, aim to bolster the company’s digital transformation solutions in Egypt and Saudi Arabia. The offering is available to Canadian investors, excluding Quebec, and will be brokered by Canaccord Genuity Corp.

For further insights into TSE:NCI stock, check out TipRanks’ Stock Analysis page.

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